The global GPS Tracking Devices Market size was valued at USD 1.78 Billion in 2020 and is projected to reach USD 4.93 Billion by 2028, registering a CAGR of 12.3% from 2021 to 2028.


The global GPS tracking devices market encompasses technology, type and application. On the basis of technology, it is further divided into standalone tracker, OBD device and advanced tracker. By Type, the market is segmented into data loggers, data pushers and data pullers.

New York, Aug. 25, 2021 (GLOBE NEWSWIRE) — announces the release of the report “GPS Tracking Devices Market by Technology, Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2028″ –

By application, the market is analyzed into automotive, aerospace & defense, healthcare, transportation, and others. By region, this market covers North America, Europe, Asia-Pacific and LAMEA. Additionally, the report also covers the strategies adopted by the major market players to maintain the competitive environment and increase their market share. Sierra Wireless, Orbocomm, Atrack Technology, Geotab Inc., Box Telematics, Meitrack Group, Trackimo Group, Calamp Corp, Starcom System Ltd., Concox Wireless Solution are the major players in the market.
New technological advancements through innovation efforts and entry of various stakeholders from developing countries are expected to drive the growth of the market. The competitive advantages of GPS tracking device over conventional alternatives have also been described in the report. To understand the market movement, drivers, restraints and opportunities have been explained in the report. Additionally, key strategies adopted by potential market leaders to facilitate effective planning have also been discussed as part of the report.
The major players profiled in the GPS Tracking Devices market are Sierra Wireless, Orbocomm, Atrack Technology, Geotab Inc., Box Telematics, Meitrack Group, Trackimo Group, Calamp Corp, Starcom System Ltd. and Concox Wireless Solution. These key players have adopted strategies, such as product portfolio expansion, mergers and acquisitions, agreements, regional expansion, and collaboration, to enhance their market penetration.

Main benefits for stakeholders
• This study includes the analytical description of the GPS Tracking Devices market forecast along with current trends and future estimations to determine impending pockets of investment.
• The report presents information regarding key drivers, restraints, and opportunities in the GPS Tracking Devices market analysis.
• GPS Tracking Devices market trends are quantitatively analyzed from 2020 to 2028 to highlight the financial proficiency of the industry.
• Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the industry.

Key segments of the GPS Tracking Devices Market

By technology
• Autonomous tracking
• OBD device
• Advanced Tracking

By type
• Data loggers
• Data pushers
• Data Extractors

By request
• Automotive
• Aerospace and Defense
• Health care
• Transportation
• Others

By region
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
o Latin America
o Middle East
o Africa

Main market players
• Sierra Wireless
• Orbocom
• Atrack Technology
• Geotab inc.
• Telematic box
• Meitrack Group
• Trackimo Group
• Calamp Corp.
• Starcom System Ltd.
• Concox wireless solution
Read the full report:

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